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KHD closes 2014 with EBIT advance

KHD Humboldt Wedag International AG (KHD) reported EBIT of EUR 1.1m in the 2014 financial year, despite slightly low...

JSW may shelve Gulbarga investment, India

JSW Cement planning to shelve its plan to set up a 3Mta clinker plant at Chittapur in Gulbarga, Karnataka district...

Moody's: WCC's weakened 2014 results to have no impact on ratings

Moody's Investors Service says that West China Cement Ltd's (WCC) weakened 2014 results are in line with the rating ...

HeidelbergCement ‘confident’ on 2015 outlook

HeidelbergCement’s 2014 consolidated financial results show increases in revenue and operating income, and significa...

Spain: February consumption up 8%

Spain’s demand for cement increased 8.3 per cent in February to 810,104t, when compared with February 2014, accordin...

Vietnam: Hoang Phat Vissai Group receives loan for project development

The Bank for Investment and Development of Vietnam (BIDV) has agreed to lend Hoang Phat Vissai Group VND6.3trn (US$2...

Reliance to sell part of cement division?

Reliance Infrastructure, part of the Anil Ambani-led Reliance Group, may sell half of its cement business to fund th...

Sri Lanka: Tokyo Cement plans expansion project

Sri Lanka-based Tokyo Cement plans to invest US$50m on a capacity expansion of 1Mta to help cater for local demand r...

Buzzi Unicem proposes to acquire SACCI

Buzzi Unicem is offering EUR120m for a 99.5 per cent stake in SACCI and the simultaneous relief of all outstanding l...

AshakaCem Plc appoints new chairman, Nigeria

AshakaCem Plc, a subsidiary of Lafarge Africa Plc, has appointed Malam Suleiman Yahyah as its chairman. The appoint...